ANDREW MOREAU/OPINION
Contracts accelerate small business, home loan approval rate
by
Andrew Moreau
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Today at 1:55 a.m.
Two recent stars of the Little Rock Venture Center s community banking accelerator program are continuing their winning ways by securing federal contracts that ease approval of small business loans and home loans.
Teslar Software of Springdale reports that its banking technology supported more than 20% of Paycheck Protection Program loans issued by community financial institutions this year.
The 1.3 million loans powered by Teslar represent $22 billion of funding for small businesses across the country. The fintech received approval of 80 loans per minute during peak times, according to the company.
Address: 3101 S. 70th St., Fort Smith, Arkansas 72903
The Arkansas Small Business and Technology Development Center presents QuickBooks Online Basics & Beyond from 9 a.m.-4 p.m. on Aug. 17 at Landmark CPAs in Fort Smith. This interactive workshop is for those using or planning to use the cloud-based version of QuickBooks (Simple Start, Essentials, Online Plus, or Advanced). Topics build from navigation and company set up to reconciling accounts, handling revenue, accounts receivable, accounts payable, bank feeds, inventory, customizing reports and more. A computer and take-home workbook are provided. Cost to attend is $130. Seating is limited with registration required no later than Aug. 16 at 479-356-2067 or here.
Address: 1605 Coliseum Drive, Russellville, Arkansas 72802
The Arkansas Tech Small Business and Technology Development Center presents Financing Your Business on Aug. 26 from 10-11:30 a.m. at Arkansas Tech University in Russellville. If you need money for your business, join us as we explore different sources of capital including loans, grants, and alternative financing options. Also hear from a lender who will discuss topics pertaining to achieving credit readiness. There is no charge to attend, thanks to Simmons Bank. Seating is limited with registration required no later than Aug. 25 at 479-356-2067 or here.
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